Prepared by Richard Plehn
Step into the pulse of the property world with our latest newsletter, where we unravel the freshest updates and trends shaping the real estate landscape. Join us in exploring the dynamic shifts and market insights that are redefining the beggining of the year.
This edition is your key to staying ahead in the ever-evolving realm of real estate. Let’s embark on a journey through the trends that are paving the way for the future of property in New York.
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The Real Deal
MLBPA Takes 50K SF at Paramount’s 1325 Sixth Ave (therealdeal.com)
Financial District Office Heads to Distress Sale (therealdeal.com)
Manhattan Office Leasing Had Bright Spots in 2023 (therealdeal.com)
The Commercial Observer
Law Firm King & Spalding Relocating to 175K SF at 1290 Avenue of the America – Commercial Observer
MLB Players Association Inks 50K-SF Deal at 1325 Avenue of the Americas – Commercial Observer
Spotify Subleases 69K SF at 4 World Trade Center to HR Platform Rippling – Commercial Observer
Auto Loan Provider Lendbuzz Opening First NYC Office in 5K SF at 107 Greenwich Street – Commercial Observer
DoorDash Takes 115K SF at 200 Fifth Avenue – Commercial Observer
TD Cowen Renews 126K SF at 599 Lexington Avenue – Commercial Observer
Icahn Mount Sinai Takes 10K SF at Hudson Research Center – Commercial Observer
Flagstar Bank Leases 59K SF at 320 Park Avenue – Commercial ObserverMaverick Relocating to 330 Madison Avenue – Commercial Observer
Paul Taylor Dance Company Expanding in Move to Midtown – Commercial Observer
Jeweler David Yurman Expands to 150K SF at 200 Hudson Street – Commercial Observer
Crain’s New York
Manhattan office market ends 2023 with historically strong quarter | Crain’s New York Business (crainsnewyork.com)
Office leasing remains muted in spite of headline-grabbing deals, analyst says | Crain’s New York Business (crainsnewyork.com)
Bisnow
Manhattan Office Market Closes Sour 2023 On High Note (bisnow.com)
New York YIMBY
125 West 57th Street’s Glass Façade Begins Installation in Midtown, Manhattan – New York YIMBY
Cushman & Wakefield To Become Leasing Agents For PENN 2 (newyorkyimby.com)
New York Post
Real estate surveys indicate Manhattan’s office market is far from dead (nypost.com)
